Ranked in 0 of 16 countries · Exchange
zondacrypto Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan No affiliate links
- Taker fee— Not verified
- Maker fee— Not verified
- Coins— Not verified
- CustodyWas custodial; remaining assets handled in bankruptcy proceedings
- Founded— Not verified
- HeadquartersTallinn, Estonia (BB Trade Estonia OÜ); originally Poland as BitBay
Our verdict
zondacrypto, formerly BitBay, was a centralised crypto exchange run by Estonia's BB Trade Estonia OÜ. Customers lost access to withdrawals in April 2026. Estonia's FIU revoked its licence on 29 June 2026, and the operator was reported bankrupt in August 2026. Polish prosecutors are investigating suspected fraud. The platform no longer operates as an exchange.
Pros
- Creditors can file claims with the bankruptcy trustee
- Prosecutors publish guidance for affected users
- Long operating history as BitBay
Cons
- Licence revoked by Estonian FIU in June 2026
- Withdrawals frozen since April 2026
- Recovery of customer funds uncertain
Where zondacrypto works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| European Union | Not available | — | — Not verified |
| France | Not available | — | — Not verified |
| Germany | Not available | — | — Not verified |
| Italy | Not available | — | — Not verified |
| Netherlands | Not available | — | — Not verified |
| Poland | Not available | — | — Not verified |
| Spain | Not available | — | — Not verified |
How secure is zondacrypto?
- Proof of reserves
- — Not verified
- Custody
- Was custodial; remaining assets handled in bankruptcy proceedings
Incidents since 2019
- Withdrawals froze; Katowice Regional Prosecutor's Office opened a fraud investigation (case 2003-2.Ds.14.2026)
- Estonian FIU revoked licence FVT000209 of BB Trade Estonia OÜ after a May 2026 partial suspension
- Harju County Court reportedly declared BB Trade Estonia OÜ bankrupt (law-firm report; court page not checked)
Crypto held on a platform is generally not covered by deposit insurance.
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.